This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
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2-24-2024 Strong Upside Momentum with wide GREEN TrapZone established now and GREEN UMVD continues. Class A Entry at the top of the TrapZone.
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Daily shows Up Side momentum with Buyers behind the move. Way To Go Nikk1 :)
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Latest - Uptrend continues with Short term Profit taking in the Renko. I think we can go smaller in the brick size to get better UMVD signals
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Hourly Technical Analysis Check In Current Up Trend is Intact and now stronger with Angle 4 in place. RED UMVD pulling the price in retrace at the moment.